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Lebanon reduces reference rate to ease borrowing burden of private sector

Association of Banks in Lebanon announced on Wednesday that the Beirut Reference Rate (BRR) was reduced to 5.75 percent for the U.S. dollar and to 7.75 percent for the

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China's non-manufacturing PMI picks up in March

The purchasing managers' index (PMI) for China's non-manufacturing sector came in at 52.3 in March, up from 29.6 in February, the National Bureau of Statistics said Tu

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China's manufacturing PMI rebounds in March

The purchasing managers' index (PMI) for China's manufacturing sector firmed up to 52 in March from 35.7 in February, the National Bureau of Statistics said Tuesday. A

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Urgent: ECB annouces 750-bln-euro pandemic emergency purchase program

The European Central Bank on late Wednesday announced a new temporary asset purchase program of private and public sector securities that has an overall envelope of 750 billion euros (819 billion

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The year ahead for U.S. farming

01:41 Farmers across the United States are preparing for the year ahead with renewed optimism.The sector has endured a difficult few years, due largely to the various trade disputes.Bu

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Xi says China willing to strengthen health cooperation with France

China is willing to strengthen practical cooperation with France in the health sector so as to jointly safeguard regional and global public health security, Chinese President Xi Jinping said in a pho

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Mexico claims to have saved state-owned oil company from ruin

02:41 Pemex is Mexico's state-owned oil company. For 75 years, it held a monopoly over crude oil and petrol in the country.In 2013, the Mexican congress approved energy reforms that op

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China's financial risks 'broadly contained,' says central bank governor

China'sfinancialsectorhasremainedsoundwithrisks"broadlycontained,"YiGang,governorofthePeople'sBankofChina(PBC),thecentralbank,saidonSaturday.In2017,theleverager

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China is innovating to limit emissions at sea

Topdelegatesfrommorethan190countriesandregionsaremeetinginLondontoformulateaframeworktoreduceemissionscausedbytheshippingindustry.Greenhousegasemissionsfromthes

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China cuts tax rates for chipmakers

ChinaannouncedplanstointroducetaxexemptionsandreductionsforchipproducersonFriday.BusinessesestablishedafterJan.1tomanufactureintegratedcircuits(ICs)withlinesthi

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Indonesia opens 5-day fashion extravaganza event

ByAPDwriterMaverickJAKARTA,March28(APD)—Indonesiaresumedthenation’slargestannualfashionextravaganzaeventwithpromotiononnationaltourismwashighlightedthisyearthro

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China to implement new express delivery sector regulations

Chinawillimplementnewregulationsonexpressdeliveryservicestohelpthesustainableandhealthydevelopmentoftherapidly-growingsector.Theregulationsaimtoestablisharegula

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China's industrial output expands 7.2% in Jan-Feb

China'sindustrialoutputexpandedby7.2percentyear-on-yearinthefirsttwomonthsof2018,acceleratingfrom6.2percentgrowthinDecember2017,officialdatashowedWednesday.Theg

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Indonesia seeks higher creative economy contribution to GDP

ByAPDwriterMaverickJAKARTA,Feb.27(APD)—Asthenationcontinuedtoseeincreasingproceedsfromitscreativeeconomysector,Indonesiasetacontributiontargetofupto1,000trillio

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Saudi to spend billions on Western-style entertainment

SaudiArabiaannouncedplansThursdaytospendbillionsonbuildingnewvenuesandflyinginWesternacts,inatotaloverhaulofitsentertainmentsectorthatwouldbeenunthinkablenotlon

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Nepal | 49 pct of GDP would be invested in 15 years

Nepalwillhavetoinvestaround49percentofgrossdomesticproduct(GDP)duringtheperiodfrom2016to2030inordertoachieveSustainableDevelopmentGoals(SDGs),theNationalPlannin

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Caixin PMI: China's services sector growth at over three-year high

China’sservicessectoractivityexpandedatitsfastestpaceinoverthreeyearsinDecemberonsolidgrowthinnewbusiness,withtheoutlookimprovingtoasix-monthhigh,aprivatesector